Amman Stock Exchange Daily Report - 9 August

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1. Amman Stock Exchange 9-Aug-20 AMMAN SE GENERAL INDEX 1 ,950 Close % Change Year-to-Date (YTD) Daily Volume (shares) Daily Turnover (JOD) 1,552.91 -0.43% -14.45% 6,954,734 6,137,050 6 MONTHS INDEX PERFORMANCE 1,900 1,850 1,800 1,750 1,700 1,650 1,600 1,550 Best Performing Companies JORDAN KUWAIT BANK Worst Performing Companies % Change 4.35 SPECIALIZED INVESTMENT COMPO % Change (4.52) ZARKA EDUCATION & INVESTMENT 4.24 AFAQ FOR ENERGY CO PLC (4.81) AMAD INVESTMENT & REAL ESTAT 3.77 AL-BILAD MEDICAL SERVICES (4.84) ISRAA ISLAMIC FINANCIAL 3.03 UNION LAND DEVELOPMENT CORP (4.90) DAR AL DAWA DEVELOPMENT &INV 3.00 JORDAN DUTY FREE SHOP (5.00) Top Traded Companies by Volume (Shares) UNION INVESTMENT CORP 1,680,650 Top Traded Companies by Value (JOD) UNION INVESTMENT CORP 2,083,568 EMMAR INVESTMENTS & REAL EST 641,947 UNION LAND DEVELOPMENT CORP 793,106 UNION LAND DEVELOPMENT CORP 583,159 SPECIALIZED INVESTMENT COMPO 769,712 SPECIALIZED INVESTMENT COMPO 498,033 JORDAN POULTRY PROCESSING & 334,066 JORDAN INDUSTRIAL RESOURCES 424,268 UNION TOBACCO & CIGARETTE 236,925 * Source: Bloomberg
2. Macroeconomic & Corporate News JIEC lowers prices of Karak, Irbid industrial estates' lands by 5-20% The Jordan Industrial Estates Corporation (JIEC) has decided to lower the prices of lands at Al Hassan Bin Abdullah II Industrial Estate in Irbid and Al Hussein Bin Abdullah Industrial Estate in Karak by 5 to 20 per cent for immediate sale until the end of the year. JIEC Director General Omar Juweid on Saturday said that the decision was made during a board meeting headed by JIEC Chairman Luai Sihwil. The decision aims at stimulating investments in industrial estates, especially in light of the COVID-19 pandemic, according to a JIEC statement cited by the Jordan News Agency, Petra. Juweid said that the new prices at Al Hussein Bin Abdullah II Industrial Estate in Karak include a 20-per cent discount on immediate sale of plots. The incentives also include increasing the number of instalment years for forward contracts to four years instead of three, and lowering the amount of the first payment to 20 per cent of the total value instead of 30 per cent, he added. As for Al Hassan Industrial Estate in Irbid, the director general said that immediate sale of plots of land includes a 5-per cent discount. 97 Jordanian MPs vie for reelection: poll monitor Ninety-seven members of the Lower House intend to run for the upcoming parliamentary elections, according to a poll by the Civil Coalition for Monitoring Elections and the Performance of Elected Councils (Rased). The findings of the poll issued on Saturday added that 50 per cent of MPs ruled out the possibility of dissolving the current Lower House, the Jordan News Agency, Petra, reported. Rased's study, which surveyed a representative sample of 128 parliamentarians, shows that 15 female members of the House intend to run for the upcoming elections, slated for November 10. A Royal Decree had directed the concerned agencies to hold parliamentary elections in accordance with the provisions of law. * Source: Bloomberg, Jordan Times, Zawya Disclaimer Awraq Investments and its affiliates obtain information from sources they believe to be reliable, but do not warrant its accuracy or fitness for a particular purpose, and disclaim for themselves and their information providers all liability arising from the use. The Information in this publication is provided in good faith for informational purposes only. The information provided is not offered as tax, legal, or investment advice, or an offer to buy or sell securities or otherwise. The information provided in this publication may be displayed and printed for your personal, non-commercial use only. You may not reproduce, re-transmit, distribute, disseminate, sell, publish, broadcast, or circulate the information in any form or media to anyone, without the expressed written consent of Awraq Investments. Awraq Investments is not liable for any loss resulting from any action taken or reliance made by any person on any information or material posted by it. You should make your own inquiries and seek independent advice from relevant industry professionals before acting or relying on any information or material made available to you in this publication. You rely on this information at your own risk. Awraq Investments, its subsidiaries, parent, and/or any connected parties, may act or trade and/or enter into any transaction that maybe inconsistent or disregard any information contained herein.